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24 August, 12:00

Suppose there is a policy debate over whether the United States should impose trade restrictions on imported steel rods: Domestic producers of steel rods send a lobbyist to the U. S. government to request that the government impose trade restrictions on imports of steel rods. The lobbyist claims that producers in other countries receive subsidies to export steel rods and that domestic suppliers can't compete in the international marketplace. Which of the following justifications is the lobbyist using to argue for the trade restriction on steel rods?

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  1. 24 August, 12:04
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    unfair competitive argument.

    Explanation:

    The US government restricting the trade because government of other countries are subsidizing export duty of export steel. This means that the US government is protecting the steel rod industries against the trade policy followed by other industries. This is unfair competitive argument

    The correct answer to the question will be unfair competitive argument.
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